South Georgia House of Hope Inc

Analysis

South Georgia House of Hope Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, South Georgia House of Hope Inc reported income of $861k and spending of $488k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $379k to $861k (+127%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Georgia House of Hope Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Lifegate Freedom Recovery Ministries ($860k), Kids Hub ($861k) and National Federation of the Blind of Texas Inc ($860k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 45% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $47k (9.6% of expenses). Other salaries and wages came to $60k. At year end it held assets of $798k against liabilities of $116k, net assets of $683k. It reported 21 employees.